PGIM Private Capital - Portfolio Analyst, Direct Lending

Job Classification:

Investment Management - Investments

Role Description

This is an Analyst position within the Portfolio Management team of PPC Direct Lending. We invest in middle-market companies primarily in the US and Western Europe in buyout transactions, refinancings, recapitalizations, growth investments, and more. The PM team is responsible for overseeing a $5bn AUM portfolio of private credit loans and serves as the eyes and ears of our portfolio. You will monitor issuer performance, analyze portfolio performance, and provide insights directly to our investment committee that will impact investment decisions.

You will be working with a tight-knit team and interact with investment professionals across many different groups and offices with a direct line to the Head of Portfolio and Underwriting. We are a fast-growing team that will allow you to get involved in different parts of the business and special projects including data analysis, fundraising, and securitization (CLO). This role will teach you the full anatomy of how investments and funds operate in one of the fastest growing asset classes.

What You Can Expect

• Challenging and interesting work – we are one of the largest investors in the private capital markets
• Formal structured training alongside on the job training
• Foundational, broadly applicable training on how to better understand how to manage a portfolio of investments and have direct impact in the lifecycle of an investment
• Being a part of a large, vibrant and diverse cohort of Analyst Program peers across the globe
• Direct, daily partnership with senior level investment professionals across multiple teams and offices
• A collaborative and collegial team environment where your contributions have a major impact
• Exposure to a broad range of industries including technology, service, manufacturing, consumer products, and financials
• A fast-paced learning environment while maintaining a balanced life
  
  

Day To Day Analyst Responsibilities

• Financial modeling and credit analysis
• Portfolio and credit monitoring
• Develop strategy and insight to our Investment Committee
• Assist in portfolio strategy across funds, CLOs, and BDCs
• Assist in loan valuation
• Financial reporting to investors and financing providers
• Preparation of fundraising materials and special projects
  
  

What You Will Bring

• Bachelor’s degree in accounting or finance preferred, with a strong record of academic achievement
• Excellent analytical, writing, communication and interpersonal skills
• Interest in portfolio management and investing
• A flexible “startup” mindset
• Successful candidates must possess US employment authorization to be eligible for consideration. Prudential does not provide visa sponsorship for this position.
  
  

What Will Set You Apart

• 1-3 years direct lending and/or loan portfolio management experience
• Prior work experience in portfolio management, accounting, and/or investment operations
  
  

We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.

About PPC Direct Lending

PPC Direct Lending is the direct lending strategy within PGIM Private Capital responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10-100 million of EBITDA). These loans are originated from the PPC regional office network as well as the dedicated central PPC Direct Lending team via private equity and family office sponsors, advisors / intermediaries, other direct lending partners, and directly from issuers. PPC has been originating leveraged loans for 20 years on behalf of Prudential’s balance sheet. PPC is currently investing out of its second third-party fund, PGIM Senior Loan Opportunities II (PSLO II) with a target of $3.0bn in commitments, as well as various other vehicles including a BDC and CLO.

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
  
  

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.